Wednesday, May 27, 2020

Blanket ban on recovery impractical, say bankers

Despite the government announcement of Covid-related delinquencies not being treated as a default, it would be impractical to provide a blanket protection against recovery action to all borrowers, bankers have said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/blanket-ban-on-recovery-impractical-say-bankers/articleshow/76058952.cms

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